Sylvania Platinum (LON:SLP) Stock Price Crosses Below 200-Day Moving Average - Here's What Happened

Sylvania Platinum Limited (LON:SLP - Get Free Report) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 46.79 ($0.62) and traded as low as GBX 46.50 ($0.62). Sylvania Platinum shares last traded at GBX 48 ($0.64), with a volume of 811,818 shares.

Sylvania Platinum Price Performance

The company's 50-day simple moving average is GBX 49.31 and its 200 day simple moving average is GBX 46.78. The company has a quick ratio of 15.92, a current ratio of 9.94 and a debt-to-equity ratio of 0.35. The company has a market capitalization of £164.59 million, a P/E ratio of 23.90, a P/E/G ratio of 0.05 and a beta of 0.38.

Sylvania Platinum (LON:SLP - Get Free Report) last announced its quarterly earnings data on Tuesday, February 18th. The company reported GBX 2.73 ($0.04) EPS for the quarter. Sylvania Platinum had a return on equity of 2.82% and a net margin of 8.55%. As a group, sell-side analysts expect that Sylvania Platinum Limited will post 3.8694929 earnings per share for the current fiscal year.

About Sylvania Platinum

Sylvania Platinum is a rapidly expanding low-cost PGMs producer listed on the London Stock Exchange's Alternative Investment Market AIM: SLP. Sylvania is a mid-tier, lower unit cost Platinum Group Metal (PGM)minerals reprocessing and development Company. Our operational arm, Sylvania Dump Operations (SDO), has six chrome beneficiation and PGM processing plants in the Eastern and Western limb of the Bushveld Igneous Complex (BIC).